EUR/CAD is approaching a major converged cushion on the 200-day moving average and a horizontal trendline from January at about 1.4235. Oversold conditions point to a minor bounce, but it may not sustain for long given the recent fall below the 89-day moving average and the Ichimoku cloud on the daily chart. Any break below 1.4235 could expose downside risks...
Hello traders! ‼️ This is my perspective on EURCAD. Technical analysis: After the change of character here I see price to continue bearish price action as we can see that the imbalance was almost filled and the price rejected from institutional big figure 1.49000. Fundamental analysis: Next week we have news on EUR and CAD. On Thursday will be released...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
On EURCAD, we have a bearish setup with the price forming a supply zone yesterday during the American session, effectively creating a FOREX48 BLOCK and an FVG (Force Vector Group). In the first case, if there is a re-test of the 1.4690 level, we could look for confirmations for a short trade. In the second case, the FVG in the 1.4680 area, where, with confirmation...
EURCAD is approaching a confluence zone based on a horizontal support and 382 retracement of the last bullish impulse. The price also formed an ascending triangle formation on 1H time frame and broke its neckline as a confirmation. I expect a pullback to 1.4717 / 1.475 ❤️Please, support my work with like, thank you!❤️
Hello,Traders! EUR-CAD went down from The resistance just as I Predicted in my previous Analysis, but is about to hit A horizontal support level Of 1.4612 now from where I think we will see a bullish Reaction and a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
On EURCAD, we have a bearish setup. The price, following today's news and the tight monetary policy in the Eurozone, has reached a Forex48 Block, which is a zone around 1.4690, where we could look for a short trade entry point. Furthermore, if it continues to decline, we have another entry point at the level of 1.4570, where the price could potentially change...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPCAD and EURCAD are falling as explained as a prospect in prior analysis, seems like its playing out.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders, we want to check the EURCAD chart. The price is moving in an ascending channel and has pulled back to the specified key level. We expect this level to play the role of a support level for us and cause the price to grow to around 1.49000 Good luck.
My dear subscribers , EUR/CAD looks like it will make a good move, and here are the details: The instrument tests an important psychological level 1.47784 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.46995 My Stop Loss -...
EURCAD moving in range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.
🔰 Pair Name : EUR/CAD 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : LONG/BUY From a technical standpoint, the market currently exhibits an opportunity to rectify an existing imbalance. The prevailing price trend suggests a potential adjustment that would amplify selling pressure. From a fundamental perspective, it has been widely acknowledged that the...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
There is a major break looming in this pair! Not that the Loonie by itself would be the end-all but as part of NAFTA it ought to vaporize the Euro rather effortlessly - just at it's been doing to the Aussie already, for quite a while now. (Now, if they just got rid of their neo-Marxist government and US-esq, deranged, monetary mismanagement ... ;-) On the long...
Hello,Traders! EUR-CAD has retested A horizontal resistance Of 1.487 then has Established a double-top And is going down now So I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!